Capital B adds 376 Bitcoin in $29M purchase, boosting holdings to 3,521 BTC
Capital B’s latest Bitcoin purchase was its largest in nearly a year, pushing the French company ahead of H100 Group among publicly traded BTC holders.
French Bitcoin treasury company Capital B has acquired 376 Bitcoin (BTC) for 25.3 million euros ($29.5 million), bringing its total holdings to 3,521 BTC.
The purchase was funded after Capital B completed roughly 30.1 million euros ($35 million) in capital raises, including a private placement backed by investors Adam Back and TOBAM, according to a Monday announcement.
The company bought the Bitcoin at an average price of 67,182 euros apiece, with Swissquote Bank Europe executing the purchase and Taurus providing custody.